Schaeffler
Schaeffler AG, a leading global supplier in the automotive and industrial sectors, is headquartered in Herzogenaurach, Germany. Founded in 1946, the company has established itself as a key player in the development of innovative solutions, particularly in rolling bearings, linear motion, and automotive components. With a strong presence in Europe, Asia, and the Americas, Schaeffler serves a diverse range of industries, including automotive, aerospace, and manufacturing. Renowned for its commitment to quality and precision, Schaeffler offers a unique portfolio of products and services that enhance efficiency and performance. The company has achieved significant milestones, including advancements in electric mobility and digitalisation, solidifying its market position as a trusted partner for customers worldwide. Schaeffler's dedication to sustainability and innovation continues to drive its success in the competitive landscape.
DitchCarbon Score
How does Schaeffler's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Schaeffler's score of 46 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Schaeffler's reported carbon emissions
In 2023, Schaeffler reported total carbon emissions of approximately 7,082,000,000 kg CO2e. This includes Scope 1 emissions of about 7,010,000 kg CO2e, Scope 2 emissions of approximately 64,228,000 kg CO2e (market-based), and significant Scope 3 emissions totalling around 353,153,000 kg CO2e, primarily from purchased goods and services. Schaeffler has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 90% by 2030, using 2019 as the base year. Additionally, the company plans to cut Scope 3 emissions from purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution by 25% within the same timeframe. The company has also committed to achieving carbon-neutral production by 2030, targeting a 26% reduction in CO2 emissions compared to 2019 levels. Furthermore, Schaeffler aims to source 100% of its purchased power from renewable sources by 2024 and achieve 100 GWh of cumulative annual efficiency gains through energy efficiency measures by 2024. These initiatives reflect Schaeffler's commitment to sustainability and its proactive approach to addressing climate change within the automotive and components sector.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 163,828,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 937,839,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Schaeffler is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
